Rutledge, Emilie - In: Journal of Economic Policy Reform 11 (2008) 2, pp. 123-134
The Gulf Cooperation Council (GCC) intends to form a monetary union using the EMU process as a blueprint, including a set of Maastricht-style convergence criteria. Yet, as the 2010 deadline approaches, few of the necessary institutional preparations have been made. This paper argues that while...